Pronunciation: /ˈtɒksɪk ˈæsɛts/
noun a type of asset that has experienced a significant drop in value and is difficult to sell
A1 Toxic assets are bad investments.
A2 The bank had to write off their toxic assets.
B1 The government intervened to help banks struggling with toxic assets.
B2 Investors were wary of purchasing securities backed by toxic assets.
C1 The financial crisis was exacerbated by the prevalence of toxic assets in the market.
C2 Experts debated the best strategies for dealing with toxic assets during the economic downturn.
adjective describing the assets as harmful or detrimental
A1 Some banks were left with toxic assets after the financial crisis.
A2 Investors were warned about the risks associated with investing in toxic assets.
B1 The government implemented measures to address the issue of toxic assets in the banking sector.
B2 Experts debated the best strategies for dealing with toxic assets in the current economic climate.
C1 The company's balance sheet was heavily impacted by the presence of toxic assets.
C2 The CEO was under scrutiny for his handling of the company's toxic assets portfolio.
formal The bank had to write off billions of dollars in toxic assets during the financial crisis.
informal The bank had some really bad investments, so they had to get rid of those toxic assets.
slang Man, those toxic assets really messed up the bank's balance sheet.
figurative Her toxic assets were weighing her down, preventing her from moving forward in life.
toxic assets
toxic assets
will become toxic assets
have become toxic assets
are being toxic assets
toxic asset
very toxic assets
to be toxic assets
being toxic assets
toxic assets